Has Debit Outlived Its Shelf Life?
- Date:July 07, 2016
- Author(s):
- Sarah Grotta
- Research Topic(s):
- Debit
- PAID CONTENT
Overview
The debit card is one of the most used payment types, but is it in danger of being replaced?
Debit cards are used nearly every day by consumers, but
the time may come when debit cards are no longer the “go to” payment product. A
combination of new technology and the fading revenue opportunities for issuers
may spell the end of days for debit.
Book a Meeting with the Author
Related content
Cash Isn’t Dead: How ATMs Are Evolving to Secure a Digital Payments Future
Cash may no longer be the center of consumer payments, but it is far from irrelevant. As digital payments gain share, consumers still depend on cash for access, certainty, budgetin...
Beyond The Card: Preparing for the A2A Economy
Account-to-account payments will grow in importance, but they are unlikely to displace cards as the dominant retail payment method in the U.S. because consumers remain attached to ...
Debit Network Control: The Battleground Is No Longer Just Rates
Debit networks are being reshaped by regulation, shifting transaction mix toward e-commerce and digital wallets, and increased competition extending into card-not-present environme...
Make informed decisions in a digital financial world